Shake Shack w/ Double Drive-Thru | 711 Town Center Drive
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Shake Shack w/ Double Drive-Thru 711 Town Center Drive
3,286 SF Retail Building Oxnard, CA 93036 $12,226,877 CAD ($3,721 CAD/SF) 4.35% Cap Rate
Investment Highlights
- 2024 Construction. 3,286+/- SF Building on 1.01+/- Acre Site
- Located on Town Center Drive (17,849+ VPD) & Oxnard Blvd (42,562+ VPD), Directly off of US-101 (124,938+ VPD)
- Shake Shack has Been One of the Fastest-Growing Food Chains in the US with over 552 Locations Globally
- New Prototype Building Featuring a Double Lane Drive-Thru, Shake Shack’s Newest Store Concept
- Nearby Nationally Recognized Tenants Include Chick-fil-A, Panda Express, Walmart Neighborhood Market, Home Depot, & More
- Oxnard | Ranked #2 Place in US to Retire and Buy a New Home | Population: 200,415+
Executive Summary
Brand New, 2024 Construction, 15-Year Ground Lease with 10% Rental Increases Every 5 Years
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,286 SF
Building Class
B
Year Built
2024
Price
$12,226,877 CAD
Price Per SF
$3,721 CAD
Cap Rate
4.35%
NOI
$531,869 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.01 AC
Walk Score ®
Very Walkable (85)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 132-0-470-245 | Improvements Assessment | $2,138,133 CAD |
Land Assessment | $2,713,850 CAD | Total Assessment | $4,851,983 CAD |
PROPERTY TAXES
Parcel Number
132-0-470-245
Land Assessment
$2,713,850 CAD
Improvements Assessment
$2,138,133 CAD
Total Assessment
$4,851,983 CAD
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Shake Shack w/ Double Drive-Thru | 711 Town Center Drive
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